Loader backhoe prices up 15% in the U.S. according to Ritchie Bros. December Market Trends Report
RB Global Inc. (RBA)
Last rb global inc. earnings: 2/27 05:15 pm
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Source: PR Newswire
All indexes showing year over year inflation, including truck tractor pricing up 55% in the U.S.VANCOUVER, BC, Dec. 20, 2021 /PRNewswire/ - Ritchie Bros.' December Market Trends Report continues to show positive pricing trends across all its equipment indexes, with truck tractor prices up 55% in the United States, while medium earthmoving equipment and vocational trucks are up 43% and 41% respectively (for the three months ending November 30, 2021). With this month's report, Ritchie Bros. has included a special focus on loader backhoe sales in the United States and Canada. According to Ritchie Bros.' Market Trends tool, median backhoe pricing is up approximately 15% in the United States. The free December report is available for download at: rbassetsolutions.com/market-trends-report."Loader backhoe volumes have declined while demand has strengthened, resulting in strong pricing for the incredibly versatile machine," said Doug Olive, Senior Vice President (Pricing), Ritchie Bros. "In
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